Posted 4/12/2024, 12:59:43 PM
Experts Predict AI Super Boom in Early Stages, Dow Could Hit 62K Before 2026 Recession
- Analysts believe we are still in the early stages of an AI "Super Boom" that could last many more years
- They compare the current AI revolution to the early 1990s transition from MS-DOS to Windows
- They estimate AI technology is currently somewhere between 1992-1995 in terms of adoption
- There will likely be at least one bear market/recession before 2026 as part of the normal market cycles
- The Dow's next target is 62,430 based on previous Super Boom patterns over the past century